• Mountain Lake Acquisition Corp. posted net income of USD 1.72 million for the three months ended March 31, 2026, down from USD 2.02 million a year earlier.
• Interest income on Trust Account investments slipped to USD 2.11 million, while general and administrative expenses climbed to USD 389,571.
• Cash and investments in the Trust Account totaled USD 243.34 million at March 31, 2026, while cash held outside the Trust Account was USD 66,568.
• Company highlighted ongoing work on proposed business combination with Avalanche Treasury Co., including an amendment that delays issuance of 2,000,000 Astral post-closing shares by 30 days after closing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mountain Lake Acquisition Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-057775), on May 15, 2026, and is solely responsible for the information contained therein.